| Launch date | 27 Nov 2024 |
| Allotment date | 17 Dec 2024 |
| End date | 11 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
0.5% for redemption within 1 Month
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Charanjit SinghNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #10 in India |
|---|---|
| Total AUM | ₹1,67,044.23Cr |
| Date of Incorporation | 16 Dec 1996 |
|---|
DSP Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Charanjit Singh is the Current Fund Manager of DSP Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,67,044 Cr and the Latest NAV as of 26 Dec 2024 is ₹10.03. The DSP Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. 0.5% for redemption within 1 Month ;
Investment Objective
The scheme seeks to provide long-term capital appreciation by investing in equity and equity related securities with a focus on riding business cycles through dynamic allocation across various sectors / themes / stocks at different stages of business cycle. ;
| Fund benchmark | NIFTY 500 Total Return Index |
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